Heat Finder v4.4 Indicator (MT4)

Overview

This indicator scans all the instruments in your Market Watch and finds those offering the most volatility and efficient price movement. It will tell you what instruments are best to trade at any given time.

Find what symbols are hot to trade easily
Stop missing out on trading opportunities
Stop trading flat instruments going nowhere
Find dozens of price action opportunities regularly
Focus your margin on instruments which offer volatility
Customizable font sizes and colors
Using the indicator is extremely easy:

It lists the most volatile instruments available in your platform
It calculates how efficient is this volatility to create price movement
Open a chart with just one click.... and trade!

Overview

Input parameters

When loading the expert to any chart, you will be presented with a set of options as input parameters. Don't despair if you think they are too many, because parameters are grouped into self-explanatory blocks.

Indicator Settings
The Volatility Period is the amount of bars used to evaluate volatility from, from each chart. The Efficiency Period is the amount of bars used to evaluate efficiency from.
Display and Colors
In this parameter block, you can customize the font sizes and colors of the dashboard, as well as the colors for the different rows of the dashboard accoOverview

Input parameters

FAQ
How can this indicator help me?
In order to make money, traders need volatility. And screening the 50 or 100 symbols your broker offers is not an easy task, let alone comparing the volatility between all of them. This indicator solves that problem for you, it allows you to focus your trading time and money into the instruments offering the most volatility and efficient price movement.
How can I add symbols to the indicator?
The indicator reads all the symbols available in your Market Watch, to add a symbol to the evaluation process, just add it to your Market Watch and reload the indicator.
Do I need to type the symbols into an indicator parameter ?
No, you don't. The indicator reads automatically all symbols present in your Market Watch of Metatrader.rding to the efficiency of price movement.